On Monday, January 22nd, Bloomberg published an article discussing the results of the 2018 Bloomberg Innovation Index, an annual ranking of innovation economies from across the world which the business news publication has released for six years. For the first time since the inception of the Bloomberg Innovation Index, the United States was ranked outside the top 10 in the list, ranking 11th out of the 50 economies in the index after having placed 9th in the 2017 version of the index. This latest dip in the standing of the United States’ innovation economy is simply the most recent sign that there are significant issues posed by the current intellectual property regime in this country.
